More like a scattered shot gun approach if you ask me. The Seattle Mayor & esteemed Council members are set to propose strict regs on ALL short term (under 30 days) rental properties in the entire city. That of course includes all of West Seattle and the handful of units on Beach Drive which yours truly just went live with in May.
The purpose and intention of the proposed legislation is to discourage homeowners with non-owner occupied properties to choose housing out of town tourists over more permanent long term renters. If it all goes as planned, the Council predicts there will be 300 new long term rental units on the market. They stop short on claiming they’ll be “affordable” but that’s what they really want, and frankly should want.
Councilmember Tim Burgess that chairs Affordable Housing prides himself on using “smart policies and evidence-based solutions”. Really?
From personal experience, the few guests we have hosted so far have either had family living in West Seattle, were referred by neighbors that don’t have enough space for out of town relatives, a family from Minnesota that drove up from Portland to hang out and see a Twins game at Safeco Field, and a local West Seattle resident celebrating a landmark birthday with her out of area friends as a stay-cation. What they all had in common is…
- They did not want to rent a hotel downtown and fight traffic and parking.
- They did not want to stay in the basement of someone’s primary residence.
- They all wanted a private waterfront home all to themselves which is not available anywhere commercially in the city.
- They all spent a majority of time & money hanging out in West Seattle.
Other than required licensing, the Council is not going to hinder homeowners that are using their primary residence for housing STR guests. The idea is that this segment of the market is merely trying to make ends meet and subjecting them to the proposed regs wouldn’t result in additional permanent units anyhow. Well, the only 2 homeowners I know around here using their primary residence as a STR have entire apartment units on their lower floor and choose short term rather than permanent renters. Not trying to pull them into the crab boil as well but it probably won’t be long before the City sics their proposed staff of STR inspector goons on them as well!
Now we need to make a decision what to do with our house next door if the legislation passes through as proposed. Rent it out on a permanent basis? No, we also like the flexibility of using it for ourselves, family & friends. Sell it? Maybe some years down the road. Bottom line is that the City of Seattle will miss out on any further taxes & licensing fees we generate and West Seattle establishments will lose some year around tourism dollars. It’s just too much work & expense to run a STR like ours for the proposed limit of 90 days a year when the break even point is more like around 160 days.
I’m not saying a problem doesn’t exist in other parts of the city. All of Burgess’s example’s of why short term rentals are cheating permanent locals from finding affordable housing border downtown Seattle. He claims extreme abuses of entire apartment/condo floors being held out for STR to tourists. We’ve recently learned that “entrepreneurs” are actually renting out permanent apartment space and then jacking the rent to STR guests all with 100% approval of the building’s management team (also receiving a cut, of course). I also wouldn’t be surprised if abuses are taking place with the recent high density rezoning and micro housing attended for gram & gramps or permanent local renters.
Seems to me that the Council and Mayor should be targeting those abuses rather than ma & pa on Beach Drive.
Scupper, reporting/ranting for Beach Drive Blog